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Quote by Tata Capital on RBI Monetary Policy

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India 7 December 2016: Quote of Mr. Govind Sankaranarayanan, Chief Operating Officer – Retail Business & Housing Finance, Tata Capital post today’s monetary policy. “The RBI has made an understandable decision to keep the rates unchanged and has adopted a wait-and-watch policy for the moment. This has left enough room for a potential rate cut in its next monetary policy announcement

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